Skip to main content
MainBoardListed
Landmark Cars Limited Logo

Landmark Cars Limited IPO

Landmark Cars Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 471.00 (-6.92%)

The Initial Public Offering of Landmark Cars Limited's culminated in its successful listing on 23-12-2022 at the NSE, BSE trading platform. The company secured 1,09,11,160 Shares through this capital market exercise, with 29,66,498 Shares allocated to new capital formation and ₹401.92 Cr to existing shareholder liquidity.

Investors participated within the price parameters of ₹481 to ₹506, with minimum investment requirements of 29 shares. The subscription period from 13-12-2022 to 15-12-2022 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 21-12-2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Landmark Cars IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Landmark Cars IPO Key Performance Indicator
Company Financials ( In Crores )

Landmark Cars IPO About Company

Incorporated in 1998, Landmark Cars Limited is one of India’s leading premium automotive retail groups, operating dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, Renault, and commercial vehicles from Ashok Leyland. The company provides end-to-end services including new car sales, servicing and repairs, spare parts and accessories, pre-owned vehicle sales, and facilitation of third-party finance and insurance products. As of September 30, 2021, Landmark Cars has built a strong presence with 112 outlets—61 sales showrooms and 51 after-sales and service centers—across 31 cities in Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal, and the National Capital Territory of Delhi. Its business model spans the entire customer value chain, offering a complete automotive retail and service experience.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Landmark Cars IPO Strength Factors

NA


Landmark Cars IPO Risk Factors

NA


Landmark Cars IPO Lead Manager(s)

  • Axis Capital Limited
  • ICICI Securities Limited

Landmark Cars IPO Promoter(s)

  1. Sanjay Karsandas Thakker

Landmark Cars IPO Company Details

Landmark Cars Limited
Phone:
address:

Landmark Cars IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Landmark Cars IPO FAQs